MSME registration (now called Udyam) is a free government registration that gives small businesses access to a long list of benefits โ from priority-sector lending and 1% lower interest rates, to protection from delayed payments, eligibility for government tenders, and 50%-discounted trademark / patent fees.
Although registration is free on the Udyam portal, errors in classification or NIC-code selection can disqualify you from key benefits. We handle the application end-to-end and ensure correct classification.
Key benefits
- Protection from delayed payments. Buyers must pay MSMEs within 45 days; failing which interest is payable at 3x the bank rate.
- 50% discount on TM / patent fees. Get half-price on trademark and patent applications.
- Government tender eligibility. Many central / state tenders are reserved for MSMEs.
- Easier collateral-free loans. Up to โน2 Cr collateral-free credit under CGTMSE.
- Lower interest rates. 1โ2% lower than market rates from public-sector banks.
- Subsidies on capital expenditure. ZED, ISO and bar-code certification subsidies.
Documents required
- Aadhaar number of proprietor / authorised signatory
- PAN of business / proprietor
- GSTIN (if applicable)
- Bank account details
- Business activity description
How the process works
- Eligibility check. Confirm investment & turnover thresholds for Micro / Small / Medium classification.
- NIC code selection. Select correct National Industrial Classification codes.
- Online filing. File on the Udyam portal with Aadhaar OTP authentication.
- Certificate generation. Udyam Registration Certificate is issued instantly post-OTP.
Who is this for?
- Manufacturing units with investment โค โน50 Cr and turnover โค โน250 Cr
- Service businesses with the same thresholds
- Proprietorships, partnerships, LLPs, and companies
